The greater Memphis metropolitan area, including adjacent counties in Mississippi and Arkansas, has a population of 1,280,533. This makes Memphis the second largest metropolitan area in Tennessee. The city's central location has led to much of its business development. Located on the Mississippi River and intersected by several freight railroads and two Interstate highways, Memphis is ideally located for commerce among the transportation and shipping industry. River barges are unloaded onto trucks and trains. The city is home to Memphis International Airport, the world's busiest cargo airport, which serves as the primary hub for FedEx Express shipping and as a secondary hub for Northwest Airlines.
Memphis is the home of nine Fortune 1000 companies. These include the corporate headquarters of FedEx Corporation, AutoZone Incorporated, International Paper, and Thomas & Betts. In addition, Memphis is home to the pharmaceutical/healthcare firm Schering-Plough Corporation, serving as the company's research & development center.
These strong and competitive companies lead the area to greater competition. Many of the area REALTORS® have joined our website, HungryAgents.com®, where they compete for the business of buyers and sellers in the area by bidding.
In competing for sellers, they will bid the total commission they will charge for selling your home and what part of the commission they will pay the buyer's agent. The average bid on our website in the area for sellers is currently 4.73% total commission rate. These bids are for Full Service only so you can compare them fairly. Currently, Member REALTORS® in the Memphis area are making an average of 7 bids to buyers and sellers in the area.
Area demographic facts from Wikipedia, the free encyclopedia.
The current average commission rate bid on our website in the Memphis area is 4.73% and sellers are receiving an average of 7 bids. The state of Tennessee does not allow buyer rebates, but if you register you can choose one of our Member REALTORS® and be assured that our economy-minded agents can get you the best deal available
